I find this question about value for money a very interesting one, and Mr. Barsalou-Duval's previous question about the fact that the government can access more affordable financing than the private sector can.
I often think of these questions in terms of how I can explain this to my 13-year-old daughter.
Mr. Bain, could you explain why the government should use more expensive money to build these projects? We clearly have auditors general who say these projects take longer and cost more. What is the core of the argument for the P3 model?